AkzoNobel to Reach Top Spot in Romania with New Acquisition
AMSTERDAM — AkzoNobel has entered into an agreement to acquire 100% of the shares of Fabryo Corp. S.R.L. (Fabryo), becoming the leader in the Romanian decorative paints market.
The transaction includes two production facilities and six distribution centers for decorative paints, adhesives and mortars, including one of the largest decorative paints factories in the region, with capacity for further expansion.